Binance Exec Bail Hearing Delayed - Tigran Gambaryan

Binance Exec Bail Hearing Delayed - Tigran Gambaryan

Reinout te Brake | 09 Oct 2024 22:00 UTC

Tigran Gambaryan's Legal Battle Continues in Nigeria

Detained Binance Executive Tigran Gambaryan remains in custody in Nigeria, awaiting a rescheduled bail hearing after a surprising turn of events in court. Here's a breakdown of the latest updates:

Judge Emeka Nwite Misses Hearing

Reports indicate that Judge Emeka Nwite failed to attend Tigran Gambaryan's bail hearing, citing his presence at a seminar at the National Judicial Institute in Abuja. This unexpected absence has caused delays in the legal proceedings, pushing the hearing to Friday, October 11.

Gambaryan has been detained in Nigeria since February 2024 on charges of money laundering and Tax evasion, leading to a prolonged legal battle with uncertain outcomes.

Concerns Over Legal Process

Amidst Gambaryan's prolonged incarceration, speculation has arisen regarding the legitimacy of the charges brought against him. Members of the Crypto community have questioned his involvement in the alleged crimes, highlighting potential ulterior motives behind his arrest.

Former IRS special agent Richard Weber voiced concerns about Gambaryan's situation, emphasizing the lack of clarity surrounding the charges and the need for proper legal proceedings to resolve the case.

Calls for Gambaryan's Release

Gambaryan's detention has taken a toll on his health, with reports of medical issues exacerbated by the conditions in prison. The lack of adequate medical care has prompted calls from various quarters for his immediate release on humanitarian grounds.

U.S. lawmakers French Hill and Chrissy Houlahan have advocated for Gambaryan's repatriation to the U.S., citing concerns about his well-being and the need for a fair legal process to address the allegations against him.

Family Pleas for Justice

Gambaryan's wife, Yuki Gambaryan, has spoken out against the treatment of her husband, expressing frustration with the legal delays and the impact on their family. She has called for accountability in the handling of his case and urged authorities to prioritize human rights and justice in resolving the situation.

As the legal battle continues, the fate of Tigran Gambaryan remains uncertain, with ongoing efforts to secure his release and address the challenges he faces in Nigeria.

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